Fabric Products,Fabric Information,Fabric Factories,Fabric Suppliers Fabric News Production cuts in polyester factories have been concentrated; this well-known textile company in Shaoxing has gone bankrupt…

Production cuts in polyester factories have been concentrated; this well-known textile company in Shaoxing has gone bankrupt…

1. Production cuts in polyester factories have occurred intensively, and the polyester filament on sale is no longer fragrant! (Popularity: ★★★★★★★★) The chemical fiber factory’s production reduction plan…

1. Production cuts in polyester factories have occurred intensively, and the polyester filament on sale is no longer fragrant! (Popularity: ★★★★★★★★)

The chemical fiber factory’s production reduction plan has been rumored in the market for several days, and it is gradually coming to light. Judging from the published production reduction information, in addition to Dawo, Rongsheng, Jinlun, and some slice production reduction devices that have been stopped recently, there will be subsequent production reductions of nearly 5,000 tons/day, which translates into an annual output of nearly 1.8 million tons. Based on this estimate, the subsequent polyester load can be reduced to approximately 90%. The reason for the equipment’s production reduction is simply that the inventory is too high and the efficiency is not good.

On May 13, the polyester factory once again ushered in a big promotion, with promotions ranging from 100 to 300 yuan. Counting the one on May 7, this is already the second time this month. Since last month, the polyester factory has basically maintained a once-a-week promotion rhythm, and there may be another promotion next week.

2. ↑2000-3000 yuan/ton! The price of spandex has increased again (hotness: ★★★★★★★)

Subject to terminal market orders after April Weak, the price of spandex has stabilized, but less than a month has passed. After May, a certain spandex manufacturer raised the price again, with an increase of 2,000-3,000 yuan/ton. Feedback from business owners in the textile group: The price will rise to the point of suspicion. Life is here! The output of spandex raw materials is not very large, and the inventory is not large. The growing demand for elastic fabrics in the weaving market has led to the current surge in spandex raw materials.

3. Court announcement released! This well-known textile company in Shaoxing has gone bankrupt! (Popularity: ★★★★★)

On August 3, 2020, the court ruled to accept Shaoxing County based on the application of Shaoxing Keqiao District Xiansheng Small Loan Co., Ltd. In the bankruptcy liquidation case of Xin Tianlong Textile Co., Ltd., Zhejiang Huansha Law Firm was appointed as the administrator on the same day. The court found that the first creditors meeting of Shaoxing County Xin Tianlong Textile Co., Ltd. was held on October 12, 2020. There were 6 unobjectionable claims confirmed by the creditor’s rights verification at this meeting, with a total amount of 30702110.63 yuan.

On April 8, 2021, the administrator filed an “Application for Bankruptcy Declaration” with the court, and declared Shaoxing County Xintianlong Textile Co., Ltd. bankrupt on April 15, 2021.

4. Another big deal! Hengli Petrochemical: It has now put into production 33,000 tons of degradable plastic production capacity! (Popularity: ★★★★)

Hengli Petrochemical (600346) stated on the interactive platform that the company has put into production 33,000 tons of degradable plastic production capacity, and at this stage BDO is mainly outsourced. The remaining 900,000 tons of new degradable plastic projects are still in the early stages of construction. With the accelerated implementation of domestic plastic restriction policies and the increasing awareness of green and environmentally friendly consumption among residents, the market for degradable plastics has broad prospects. New BDO production capacity as its raw material will also be launched one after another. There are many new BDO projects in the country, such as Yulin, Shaanxi, which is planning The new BDO production capacity is 1.8 million tons. On April 1, public information from the Shaanxi Government Service Network showed that the project registration for the 1.8 million tons/year BDO project of Hengli Energy (Yulin) New Materials Co., Ltd. has been approved.

5. Give in! The largest fuel pipeline company in the United States “bowed” to the hackers and paid a ransom of US$5 million! (Popularity: ★★★)

According to reports on May 13, local time, sources said that the Colonial Pipeline in the United States was attacked by hackers and forced to shut down the oil pipeline. The company had no intention of compromising the hackers, but ultimately paid nearly $5 million in ransom to restore the compromised systems. After the news came out, international oil prices fell sharply, with U.S. WTI crude oil falling nearly 5% during the session. Finally, the settlement price of WTI June crude oil futures closed down $2.26, or 3.42%, to $63.82/barrel. Brent July crude oil futures closed down $2.27, or 3.27%, at $67.05 per barrel. Both recorded their largest single-day declines in one month.

6. The US dollar continues to weaken, and unknowingly the RMB has risen like crazy again, hitting a new high in the past three years! (Popularity: ★★)

At 16:30 on May 10, Beijing time, the onshore RMB closed at 6.4173 against the US dollar, an increase of 416 basis points from the previous trading day, a record high of 2018 A new high since June this year. The central parity rate of RMB against the U.S. dollar was reported at 6.4425 that day, an increase of 253 basis points, hitting a new high since February 10. Beginning in late February, the U.S. dollar once strengthened due to the rapid advancement of the U.S. vaccination program, and USD/CNY once reached a stage high of 6.57. However, as the global vaccine popularization plan progressed and U.S. bond yields fell, the U.S. dollar began to regain strength in April. Decline. As of 18:16 that day, the U.S. dollar index was trading around 90.17, a new low in the past ten weeks.

7. ZARA��I was fined 7,000 yuan and was subject to administrative penalties many times (Popularity: ★)

Tianyancha App shows that recently, ZARA affiliated company Zara Commercial (Shanghai) Co., Ltd. has added a new administrative penalty information, the decision document number is Shanghai Jianjing Department [2021] No. 062021000101. The reason for the penalty is the production and sales of substandard products passing them off as qualified products. The penalty result is the confiscation of illegal income of 0.123103 yuan. , fined 0.707681 million yuan, ordered to stop illegal activities, and the punishment unit is Jing’an District Market Supervision and Administration Bureau.

It is worth noting that the company has been subject to administrative penalties many times before. The reasons for the penalties include violating regulations on clear price tags, not selling goods under its true name and label, and adulterating and adulterating products. wait. </p

This article is from the Internet, does not represent Composite Fabric,bonded Fabric,Lamination Fabric position, reproduced please specify the source.https://www.tradetextile.com/archives/25868

Author: clsrich

Back to top